Search results

David, I am going through credit models. Looking at creditMetrics. I am not sure I understand hoe this works. First they use a normal distribution, and then in step 3 they use a beta distribution. What are the parameters of the beta distribution. Not clear on the Beta

I am having problems with the second full paragraph on page 576. It starts with Helwege and Turner. He says that the expected value of a firm increases with an increase in rates. I would think the opposite. Also a dumb question. He uses notation that I don't remember seeing before. I can't...

David, I see that you are using John Hull Chapter 21 and GARP is using chapter 13 from a different hull book. Are they the same Frank

David, I cant find the screen cast for chapter 4 Frank

David, I am reading chapter 11 and as I review the tabels I can not get the VAR numbers. Frank

FYI. I talked to GARP. It is listed in free readings along with several others that are not in the package

Thank you David

David I see it in the AIM but it is not in my core package. I will check with them tomorrow Frank

a screen cast on this would be great

David, I am printing the core readings and don't see this F

David I don't get the 2.72 YTM on the spread sheet Frank

Thanks

David, I have an HP and not a TI. The next time you show how to work somethig out can you show both? Frank

Hi David in 5.3 it was stated the the 4% was semiannual and it was converted to continous. In 5.3 it was stated as 1% per annum and not converted. when do you convert and when do you not, Frank

Thank you David, I did download it and will work through it. It is a good guestion. It was helpful for me to print some of your slides also do I have the formulas to help Thanks

David, I am having a hard time working with the spread sheets. I am trying to work through how you get your nunbers and when it I open a t distribution table the e grid spread sheet is gone. I can not download it. You can't move back and forth What am I doing wrong? I am spending more...

David, It was 52 or 53. I did go to the spread sheet and could not do it. It would have been a nice short cut. I understand the notation now. Thank you frank

David, In you screen cast you show Skewness as u^3/SD^3 and Kurtosis as u^4/SD^4. When I do it that way I don't get the same numbers as when I to it the long way ie (x-u)^3/SD^3

David, I have Hull 4th Edition. Do you think I am taking a big risk bu not buying the newer one? Frank

David How do we get form E((X-u)(Y-u)) for covarence on 24 to E (XY)-E(X)E(Y) on 25